35
Map
707 Royal LN
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by eXp Realty, LLC | $600,000 | |
| Listed by eXp Realty, LLC | |||
| May 28, 2024 | Delisted | - | |
| Delisted | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
| Nov 28, 2023 | Listed by eXp Realty, LLC | $799,900 | |
| Listed by eXp Realty, LLC | |||
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OPPORTUNITY.. 1.27-acre treed lot in the heart of Cedar Park. This unique property has a 3/2, 1556 SF one-story house with an option to renovate the approx. 700 SF building on the property into an additional dwelling unit (ADU) with space to add other buildings for additional income. RV/ hookups are also available on the property. There are minimal restrictions, previous owners had horses and chickens. Zoned for Cedar Park High School for the 24-25 school year. For someone with vision, this could be a great income property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017